Sixth Street Specialty Lending Dividends and Buybacks
Dividend criteria checks 3/6
Sixth Street Specialty Lending is a dividend paying company with a current yield of 9.78%. Next payment date is on 20th June, 2025 with an ex-dividend date of 30th May, 2025.
Key information
9.8%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 9.2% |
| Future Dividend Yield | 8.7% |
| Dividend Growth | 3.1% |
| Next dividend pay date | 20 Jun 25 |
| Ex dividend date | 30 May 25 |
| Dividend per share | n/a |
| Payout ratio | 110% |
Recent dividend and buyback updates
Recent updates
Sixth Street Specialty Lending: A BDC Worthy Of Your Capital
May 08Sixth Street Specialty Lending: A Quality Dividend Powerhouse For Long-Term Investors
Apr 21Sixth Street Specialty Lending: Improved Fundamentals But Expensive
Mar 13Sixth Street Specialty Lending: I Like The Quality, But Not At 31% Premium
Feb 15Sixth Street Specialty Lending: Strong Liquidity Enables Navigation Of Lower Interest Rates
Feb 03Sixth Street Specialty Lending: Lower Interest Rates Won't Hurt Its Income Potential
Jan 10Sixth Street Specialty Lending: Underwhelming Performance And Rising Non-Accruals (Rating Downgrade)
Nov 17Sixth Street Specialty Lending: 10% Yield Is Getting Less Sustainable
Nov 10Sixth Street Specialty Lending: How's Dividend After Interest Rate Cut
Oct 15Sixth Street Specialty Lending: A 10% BDC Yield For A Recession
Sep 05Sixth Street Specialty Lending: Good Way To Play Defense In BDC Sector
Aug 22Sixth Street Specialty Lending: Defensive BDC To Buy When Volatility Hits
Aug 15Sixth Street Specialty Lending: An 8.7% Dividend Worth Considering
Jul 16Sixth Street Specialty Lending: Consistent Performance Justifies Premium
Jul 05Sixth Street Lending: You Can Get A 9% Yield, But The Stock Is No Bargain
Jun 22Sixth Street Specialty Lending: A Top Notch BDC To Buy On A Pullback
Jun 02Sixth Street Continues Thriving, Proving To Be A Solid Long-Term Dividend Investment
May 13Sixth Street Specialty Lending: Still Thriving Despite The Headwinds
Mar 18Sixth Street Lending Q4: Smooth Sailing For This 10% Yielding BDC
Feb 21Sixth Street Specialty Lending: Trades At A Premium To Nav Due To High Quality
Feb 10Sixth Street Specialty Lending: 8% Yield And NAV/Share Growth
Jan 26Switching Walk From Main Street Capital To Sixth Street Specialty Lending
Jan 08Sixth Street Specialty Lending: A Top BDC Selling At A Fair Price (Rating Downgrade)
Dec 15Sixth Street Specialty Lending: Outperforming, Strong Earnings
Nov 17Sixth Street Specialty Lending: The 9.2% Yield Is One To Hold
Oct 13Sixth Street Specialty Lending: Best Of Breed In BDC Space
Sep 04TSLX: The Golden Age Of Private Credit
Aug 23Sixth Street Specialty Lending: 10% Yield, Strong Q1 Earnings
Jul 28Sixth Street Specialty Lending: The 9.4% Dividend Yield Is Getting Fatter
Jul 21Sixth Street Specialty Lending: 9.7% Yield And Investment Grade Credit Rating
Jun 09TSLX: Another Quarter Of Outperformance For This 11.2% Yielding BDC
May 23Sixth Street Specialty Lending goes ex-dividend on Monday
Feb 24Sixth Street Specialty Lending raises base dividend by 2% to $0.46
Feb 1610%-Yielding Sixth Street Specialty Lending Is A Buy
Jan 20Sixth Street: You Can Still Get A 10% Yield On Your Purchase
Jan 09Sixth Street Specialty Lending: A 10%-Yielding Gift For Investors
Nov 02Sixth Street Specialty Lending: Buy This 8.6% Yield Before The Rebound
Aug 19Sixth Street Specialty Lending: A Solid BDC At The Right Price
Aug 10Sixth Street Specialty Lending, Inc. raises quarterly base dividend
Aug 03Sleep Well At Night With 8.0% Yielding Sixth Street
May 28Sixth Street Specialty Lending: Have Your Cake And Eat It Too
Mar 19Sixth Street Specialty Lending: Best-Of-Breed BDC With 7.2% Core Yield
Mar 10Sixth Street Specialty Lending: Safe High Yield For A Rich Retirement
Mar 02Buy This Inflation Resistant Dividend Monster: Sixth Street
Dec 19Sixth Street: An Excellent BDC That Gives You Stocking Stuffers
Dec 077.4% Yield Plus Bonus: Buy Sixth Street Specialty Lending
Sep 23Pound For Pound, Sixth Street Is One Of The Best BDCs Around
Jul 13Bag A 7.6% Yield With Sixth Street Specialty Lending
Jun 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSLX's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSLX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sixth Street Specialty Lending Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSLX) | 9.8% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.1% |
| Analyst forecast (TSLX) (up to 3 years) | 8.7% |
Notable Dividend: TSLX's dividend (9.78%) is higher than the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: TSLX's dividend (9.78%) is in the top 25% of dividend payers in the US market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.1%), TSLX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115%), TSLX's dividend payments are not well covered by cash flows.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/11 07:11 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sixth Street Specialty Lending, Inc. is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Derek Hewett | BofA Global Research |
| Derek Hewett | BofA Global Research |